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REFINING THE GOLD STANDARD abcrefinery.com

the exploration pipeline. Despite the softening gold price environment, Ryan is still
The exploration team spent bullish about Bardoc’s funding prospects.
much of FY2021 building its “Even though it has flattened, the Australian dollar gold price
understanding of the regional is still at record levels,” he said. “There is a lot of appetite to
geological setting with the fund good projects which we believe is what we’ve got.”
Bardoc tectonic zone already
throwing up some attractive
targets.
Further exploration success
will add to the proposition Ryan
and the team are developing for
project financiers.
Term sheets for debt financing
have been received from several
lenders and Ryan expects
developments to be announced
before the gold industry heads
to Diggers & Dealers.
“We are in the throes of a deep
dive on that,” he said. “We
expect to complete the process
in the next four weeks and
The Zoroastrian orebody will contribute open pit and
hopefully we will be able to start
underground tonnes to the project
construction on the project.”

The company has kicked off exploration again with
underground targets the priority for mine life extensions

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